3 Boomerang Capital invests in Matrix Plastic Products to support growth and facility expansion, enhancing production for medical device manufacturers.
Jun 10, 2025•3 months ago
Investors
3 Boomerang Capital
Description
3 Boomerang Capital has made an investment in Matrix Plastic Products, focused on facilitating the company's growth and facility expansion. This investment allows Matrix to optimize its production capabilities to serve its customer base in the medical device sector better. The operational support provided will help Matrix maintain its craftsmanship while scaling its operations. CEO Andy Ziegenhorn emphasizes the strategic partnership and its importance for future growth.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers